3 Baths   1,350 Sq. Ft.   Single-Family

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Loach Dr
Rossville, GA 30741

Status: Inactive
Listing ID: 56796317

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Property Information

  • Bathrooms: 3
  • Living Area Size: 1,350
  • Lot Size: 0.35 acres
  • Year Built: 1968
  • Source ID: 142153593
  • Subdivision: LYNNWOOD
  • Parcel Number: 0001G030
  • Property Type: Single Family Dwelling
  • Plaintiff: Finance Of America Reverse LLC
  • Defendant Name: CHARLOTTE B. HENDRICKS
  • Recording Date: 10-13-2021
  • Document Book: 1819
  • Document Page: 557
  • Trustee Name: ALDRIDGE PITE, LLP
  • Trustee City: Atlanta
  • Trustee Address: 15 Piedmont Center, 3575 Piedmont Road, Ne, Suite 500
  • Trustee State: GA
  • Trustee Zip: 30305
  • Trustee Phone: (404) 994-7637
  • Trustee Reference Number: 1823-294A
  • Deed Category: NTS
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Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: SPLIT FOYER
  • Basement Sqft: 1,350
  • Fireplaces: YES
  • Exterior Wall Type: MASONRY/WOOD
  • Foundation Type: CONCRETE
  • Heating Type: RADIANT
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 15,246
  • Effective Year Built: 1972
  • Year Built: 1968
  • APN: 0001G-030
  • Property Type: Single Family Residence
  • Township: CATOOSA COUNTY
  • Front Footage: 131
  • Depth Footage: 115
  • Living Sqft: 2,700
  • Subdivision: LYNNWOOD
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Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 11-02-2021
  • Auction Address: Catoosa County Courthouse

    Loan Information

  • 1st Mortgage Date: 04-14-2016

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Listing History

Start Date End Date Listing Type Bank Name
10/19/21 11/02/21 Preforeclosure FINANCE OF AMERICA REVERSE LLC

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Loach Dr
Rossville, GA 30741

3 Baths   1,350 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56796317

Property Information

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Public Records

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Property Description

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Listing URL

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